MV Swift was launched December 11, 2019 into the waters of Windermere in the Lake District National Park.Damen Shipyards Group is building the vessel on location via the Damen Technical Cooperation (DTC) for Windermere Lake Cruises.At 34m,…
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La Quinta Channel Reopened
The La Quinta Channel has been reopened to vessel traffic Thursday evening, after a vessel sank near Ingleside, Texas on Tuesday, the U.S. Coast Guard said.The closure began Tuesday when the vessel Cristi sank with two crew memmbers aboard approximatel...
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Baltic Index Drops as Capesize Rates Ease
The Baltic Exchange's main sea freight index fell for an eighth-straight session on Friday, as rates for capesize vessels eased.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, dropped 3...
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Pirates Release Kidnapped Tanker Crew off Togo
Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel's manager said on Friday.A fourth hostage, a Filipino, died from illness during captivity, European…
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Offshore Wind: Decisions Needed Sooner, not Later
On September 26, the State University of New York Maritime College hosted a conference on the emerging east coast offshore wind industry. “Offshore Wind Power, Planning for America’s Ocean Energy” focused on four fundamental topics:• East Coast…
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Genting Taps ABB to Propel next-gen Cruise Ships
Genting Hong Kong’s six ‘Universal Class’ ships will sport ABB power, propulsion and digital solutions, a $175 deal for million contract to supply for the industrial giant.The six 286-m ships will be built at MV Werften, shipyards owned by Genting, fo...
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LNG Suited for Select VLCC Routes
SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling investment solution for Very Large Crude Carriers (VLCCs) on the Arabian Gulf to China trade route.Conducted by Opsiana…
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Semtech, Wilhelmsen, TTI Team-up for Maritime IoT
Semtech, Wilhelmsen and The Things Industries (TTI) have formed a partnership to use Semtech’s LoRa devices to help deliver what they describe as cost-effective, robust and proven IoT solutions to the maritime shipping industry.Wilhelmsen is a global m...
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Vado Gateway Container Terminal Opened
The international container terminal operating company APM Terminals (APMT) said it has opened a new container terminal in Vado Ligure, on the Italian Riviera, which will be capable of handling 900,000 TEUs of containerized cargo.APMT has a 50.1% share...
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OSG Extends AMSC Charters for Tanker Quartet
Florida-based tanker shipping company Overseas Shipholding Group (OSG) has exercised options to extend its bareboat charter agreements with Norwegian-American shipowner American Shipping Company (AMSC) for four vessels currently under charter…
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